About your Search

20121006
20121014
Search Results 0 to 8 of about 9 (some duplicates have been removed)
as the treasury reports the u.s. budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. giov >> i think it's very hard to predict real estate prices now because the world is in such an unusual situation. there are so many ifs. and because we just recovered from the biggest housing bubble in u.s. history. so we're really in uncharted territory right now. >> reporter: shiller says one problem for the housing market is there is really no sense of urgency for potential home buyers to pull the trigger on a purchase. interest rates are expected to remain low for the foreseeable future and housing prices really aren't rising that much. diane eastabrook, "n.b.r.," chicago. >> susie: best buy is revving up its holiday retail strategy. the struggling electronics chain is taking its name to heart and taking aim at online competito
on consumer sentiment hit a five-year high. that comes as the treasury reports the u.s. budget deficit topped $1 trillion in fiscal 2012. that's our fourth-largest budget deficit since world war two. that held wall street's gains in check: the dow rose 2.5 points, the nasdaq fell five. the s&p down four. for the week, the major averages were all off more than 2%. the nasdaq was hit the worst, down almost 3%. >> susie: a new housing boom? >> susie: a new housing boom? a lot of talk and headlines about a recovery in housing. even consumers are feeling more confident as they see signs of a pick up in housing. next week we'll get more direction on where the nation's housing market is headed with the latest monthly numbers on new home construction and sales of existing homes. diane eastabrook reports. >> reporter: it looks like the housing market is finally emerging from its long funk. in august existing home sales increased nearly 8% to their highest level in more than two years. home construction is gaining steam along with builder confidence. and the standard and poors case shiller home price i
. that's the fourth straight year of trillion dollar plus deficits, but down from a year earlier. as for consumer i.o.u.'s, consumer credit grew at its fastest pace in three months.. expanding more than 8 percent in july.. to 2-point-7 trillion dollars. over on wall street, it was a mixed day. the dow gained 35...the nasdaq lost 13...the s&p is down a fraction. for the week.. the dow gained 1.3 percent. the nasdaq was up 6-tenths of a percent. the s- and-p added 1.4 percent this week. >> susie: joining us now with more anaysis on that jobs report... mark zandi...chief economist at moody's analytics. great to see you, mark. tell us about this 7.8%. does this mark the turning point in the job market? >> well, susie toverstates the case. i don't think the job market improved that much in the month of september. but i do think the job market is improving. it's improving enough to bring down unemployment. we're moving in the right direction but not quite as quickly as the data today would suggest. >> susie: 114,000 new jobs i mean, it's nice people are getting jobs, but it's flota rea
Search Results 0 to 8 of about 9 (some duplicates have been removed)